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Category: Business

Business

AXA’s shares surge as insurer unveils share buyback and higher H1 profits

August 15, 2022
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French insurer AXA (AXAF.PA) announced a new share buyback programme as it posted a 3% rise in first-half net profit, […]

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Business

Truck maker Volvo Group plans to build battery plant

August 14, 2022
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Swedish truck maker Volvo Group (VOLVb.ST) plans to establish a large-scale production plant for battery cells, gradually building it up […]

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Business

Uber sells 7.8% stake in India’s Zomato for $392 million

August 13, 2022
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Uber Technologies (UBER.N) on Wednesday sold its 7.8% stake in Indian food delivery firm Zomato Ltd (ZOMT.NS) for $392 million […]

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Business

Global cenbanks lift rates by nearly 1,200 bps in July

August 12, 2022
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Major developed and emerging market central banks around the globe delivered nearly 1,200 basis points in interest rate hikes in […]

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Business

Volvo Cars July sales drop 21.5%, sees improvement ahead

August 11, 2022
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Volvo Car Group’s (VOLCARb.ST) July sales were down 21.5% from a year earlier as supply chain problems continued to hamper […]

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Business

As wheat prices soar, the world’s consumers vote with their feet

August 10, 2022
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Global wheat consumption is headed for its biggest annual decline in decades as record inflation forces consumers and companies to […]

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Business

Ukraine’s Naftogaz sweetens deal for bondholders in search for debt relief

August 9, 2022
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Ukrainian state-owned gas company Naftogaz has laid out a new debt payment freeze plan, a week after becoming the first […]

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